Consumer spending on hospitality product – hotels, restaurants, cafes and pubs – fell last month, according to a new survey.
Hotel spending, amongst Irish consumers, was down 17%; spending in pubs fell 9% and there was a 5% decline in the amount of money spent eating out in restaurants, according to AIB’s latest monthly Spend Trend survey.
The survey studies the movement of 70 million debit and credit card transactions.
The highest spend in pubs coincided with Ireland’s matches at the Rugby World Cup. And, while overall spend dipped in September, those aged under 25 years of age were still spending and were the sole age bracket to increase their hospitality spend.
